transferring shares

[puzzled272]

I recall reading somewhere that shares can be transferred between spouses without dealing costs or stamp duty. Is my recollection accurate? Does someone have the details or can point to an appropriate web page which details how this is done?

My thanks for any suggestions.

[dzug]

As long as they are given, not sold, then yes. Confirmed by:

http://www.direct.gov.uk/MoneyTaxAndBenefits/T axes/TaxOnSavingsAndInvestments/TaxOnSavingsAn dInvestmentsArticles/fs/en?CONTENT_ID=10013514 &chk=Tac6CP (sorry it's so long.)

As to how, if you have share certificates then just fill in a stock transfer form (with some shares this is on the back of the form, with others you'll need to ask for one) and send it with the certificate to the registrar for the company. No charge.

If your shares are held by a nominee (eg a stockbroker) contact the nominee - he may or may not charge for doing it but there will be no stamp duty

[puzzled272]

My thanks dzug for a very full answer.